Annual net national income per capita, US $, volume, constant PPPs in Latvia
Latvia: Annual net national income per capita, US $, volume, constant PPPs was 28,471 US dollars per person, PPP converted in 2024. ▲ Rising
Annual net national income per capita, US $, volume, constant PPPs in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars per person, PPP converted.
Analysis
In 2024, annual net national income per capita, us $, volume, constant ppps in Latvia stood at 28,471 US dollars per person, PPP converted. That is the highest value across all 30 years on record.
That represents a change of up 1.7% on the previous year and up 35.7% over ten years.
Over the whole period, annual net national income per capita, us $, volume, constant ppps in Latvia peaked at 28,471 US dollars per person, PPP converted in 2024 and was at its lowest, 7,264 US dollars per person, PPP converted, in 1995.
The long-run direction has been consistently rising across the 30 years of available data.
Annual net national income per capita, US $, volume, constant PPPs in Latvia, year by year
| Year | US dollars per person, PPP converted | Change |
|---|---|---|
| 1995 | 7,264 US dollars per person, PPP converted | — |
| 1996 | 7,581 US dollars per person, PPP converted | +4.4% |
| 1997 | 8,220 US dollars per person, PPP converted | +8.4% |
| 1998 | 9,106 US dollars per person, PPP converted | +10.8% |
| 1999 | 9,483 US dollars per person, PPP converted | +4.1% |
| 2000 | 10,186 US dollars per person, PPP converted | +7.4% |
| 2001 | 11,242 US dollars per person, PPP converted | +10.4% |
| 2002 | 12,200 US dollars per person, PPP converted | +8.5% |
| 2003 | 13,382 US dollars per person, PPP converted | +9.7% |
| 2004 | 14,610 US dollars per person, PPP converted | +9.2% |
| 2005 | 16,677 US dollars per person, PPP converted | +14.2% |
| 2006 | 18,578 US dollars per person, PPP converted | +11.4% |
| 2007 | 21,507 US dollars per person, PPP converted | +15.8% |
| 2008 | 21,155 US dollars per person, PPP converted | -1.6% |
| 2009 | 19,263 US dollars per person, PPP converted | -8.9% |
| 2010 | 17,347 US dollars per person, PPP converted | -9.9% |
| 2011 | 18,312 US dollars per person, PPP converted | +5.6% |
| 2012 | 19,502 US dollars per person, PPP converted | +6.5% |
| 2013 | 20,340 US dollars per person, PPP converted | +4.3% |
| 2014 | 20,976 US dollars per person, PPP converted | +3.1% |
| 2015 | 21,993 US dollars per person, PPP converted | +4.8% |
| 2016 | 23,478 US dollars per person, PPP converted | +6.8% |
| 2017 | 24,670 US dollars per person, PPP converted | +5.1% |
| 2018 | 25,967 US dollars per person, PPP converted | +5.3% |
| 2019 | 26,945 US dollars per person, PPP converted | +3.8% |
| 2020 | 26,557 US dollars per person, PPP converted | -1.4% |
| 2021 | 27,916 US dollars per person, PPP converted | +5.1% |
| 2022 | 27,902 US dollars per person, PPP converted | -0.1% |
| 2023 | 28,007 US dollars per person, PPP converted | +0.4% |
| 2024 | 28,471 US dollars per person, PPP converted | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,331 US dollars per person, PPP converted | 7,264 US dollars per person, PPP converted | 9,483 US dollars per person, PPP converted | 5 |
| 2000s | 15,880 US dollars per person, PPP converted | 10,186 US dollars per person, PPP converted | 21,507 US dollars per person, PPP converted | 10 |
| 2010s | 21,953 US dollars per person, PPP converted | 17,347 US dollars per person, PPP converted | 26,945 US dollars per person, PPP converted | 10 |
| 2020s | 27,770 US dollars per person, PPP converted | 26,557 US dollars per person, PPP converted | 28,471 US dollars per person, PPP converted | 5 |
Countries ranked near Latvia
- 6 Lithuania 36,740 US dollars per person, PPP converted compare
- 6 Germany 50,741 US dollars per person, PPP converted compare
- 7 Poland 36,061 US dollars per person, PPP converted compare
- 7 Belgium 49,466 US dollars per person, PPP converted compare
- 8 Austria 47,610 US dollars per person, PPP converted compare
- 8 Estonia 33,783 US dollars per person, PPP converted compare
- 9 Australia 47,271 US dollars per person, PPP converted compare
- 10 United Kingdom of Great Britain and Northern Ireland 45,398 US dollars per person, PPP converted compare
- 11 France 45,046 US dollars per person, PPP converted compare
- 12 Canada 43,948 US dollars per person, PPP converted compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is annual net national income per capita, us $, volume, constant ppps in Latvia?
- Annual net national income per capita, us $, volume, constant ppps in Latvia was 28,471 US dollars per person, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual net national income per capita, us $, volume, constant ppps recorded in Latvia?
- The highest recorded value was 28,471 US dollars per person, PPP converted in 2024.
- What is the lowest annual net national income per capita, us $, volume, constant ppps recorded in Latvia?
- The lowest recorded value was 7,264 US dollars per person, PPP converted in 1995.
- How does Latvia rank for annual net national income per capita, us $, volume, constant ppps?
- Latvia ranks 9th out of 9 countries with data for 2024.
- Is annual net national income per capita, us $, volume, constant ppps rising or falling in Latvia?
- Over the last ten years it is up 35.7%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual net national income per capita, US $, volume, constant PPPs, reference year 2020 — Balance of primary incomes, net / National income, net, per capita. Statizoid updates them automatically from the source API.
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About this data
This table presents countries' annual Net National Income (NNI) per capita. The data is in US dollars converted using Purchasing Power Parities (PPPs) and in constant prices (chain linked volumes rebased to 2020). NNI is calculated by deducting the consumption of fixed capital (depreciation) from Gross National Income (GNI). GNI is calculated by adding to Gross Domestic Product (GDP) any flows to the domestic economy from other countries of compensation of employees (wages and salaries and employers’ social contributions), property income (e.g. interest and dividends) and taxes less subsidies on production; and by deducting from GDP the equivalent flows from the domestic economy to other countries. The indicators were presented in the previous dissemination system in the SNA_TABLE2 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org